A giant Bitcoin transaction between two unknown addresses was subsequently claimed by Bitfinex, which was reloading its hot wallet. The origin and destination of the funds at first remained unknown. The transaction followed fresh developments in the court case involving Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor, Satoshi Nakamoto. As […]
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The bullish momentum for Bitcoin price has slowed down, leading to what traders hope will be a brief period of consolidation. Over the last few hours, Bitcoin price (BTC) swiftly dropped 3% from $8,863 to $8,557 and for the third time in 24 hours bulls were forced to defend the $8,600 support level, which has […]
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Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook. Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts. […]
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The House Financial Services Committee raised concerns over the use of crypto to fund domestic terrorism in the United States in a recent hearing. The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States. In a Jan. 15 hearing, the FSC Subcommittee on National […]
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The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions suggest buying on the dips. The crypto space is making a comeback and the rally is being led by altcoins. While several altcoins might participate in the initial rally, we […]
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Crypto exchange Upbit recently completed a security overhaul in response to a hack the platform suffered in late 2019. Strengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again. Upbit decided to update its defenses […]
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The president of Venezuela, Nicolas Maduro, has announced that the state-owned PDVSA oil firm will sell 4.5 million barrels of oil for Petros. Venezuela will soon sell oil from reserves of a state-run oil and gas company for its national oil-pegged cryptocurrency, the Petro (PTR). Venezuelan President Nicolas Maduro has signed a decree to sell […]
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Bitstamp partnered with the cryptocurrency-friendly Silvergate Bank to pilot Bitcoin leveraged trading. The twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading. According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service. During the pilot […]
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Dramatic bullish action in the first two weeks of 2020 buoys traders, who identified Bitcoin’s 200-day moving average as the next major resistance zone. Bitcoin (BTC) calmed its bullish growth after a week of gains on Jan. 15, settling just below its highest levels in two months. Cryptocurrency market daily overview. Source: Coin360 BTC steadies […]
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United Nations sanctions experts advise against attending North Korean cryptocurrency conference, or risking sanctions violations. The United Nations has warned that attending a North Korean cryptocurrency conference in February is likely to constitute a sanctions violation, according to a report by Reuters on Jan. 15. The report follows last week’s indictment of Ethereum Foundation researcher […]
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